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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Flex space
3002 Oak St, Santa Ana, CA 92707-4236
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2610511
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1965
Total area
6,000 SF
Lot
0.4 ac (17,382 SF)
APN
411-032-09
UPID
US09-2610511
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
People's Oak and Refinery Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.50M
Owner & transaction history
Sp Oak LLC · 2 yrs held
Sp Oak LLC
since 2024
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+132.9%
Office building
$3.3M
+88.6%
Neighborhood: shopping center
$2.8M
+60.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,500,000
ML approach
$4,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,095,000
Change: +133% · Conversion: Difficult
OFFICE BUILDING
$3,315,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,815,000
Change: +60% · Conversion: Difficult
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Jun 28 2024)
Last sale anchor
$4.50M
Jun 28 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$750 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$29,352
Tax year 2024
Assessed value
$2,601,519
Assessed 2024
Previous assessed
$2,601,519
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,093,239
Assessed improvement
$508,280
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Total area
6,000 SF
Lot
0.4 ac (17,382 SF)
APN
411-032-09
UPID
US09-2610511
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Sp Oak LLC
Entity
Mailing address
3843 S BRISTOL ST #126, SANTA ANA, CA 92704-7426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Sp Oak LLC
—
Deed
related
$10,000,000 · Standard Properties LLC
Jun 28, 2024
—
Sp Oak LLC
Riverside Equipment Leasing LLC
Intrafamily Transfer
related
—
Jan 26, 2023
—
Sp Oak LLC
—
Deed
related
$3,000,000 · Fort Ashford Funds LLC
Jun 6, 2019
—
Riverside Equioment Leasing Ll
—
Deed
related
$400,000 · Diego Reguero
Nov 28, 2018
$4,500,000
Riverside Equipment Leasing Ll
Hanlon,david C & Diane D
Trustees Deed
$3,500,000 · David C & Diane D Hanlon
Mar 31, 1998
—
La Plata,ent
Cedko,
Trustees Deed
related
—
—
—
La Plata Enterprises INC
—
Deed Of Trust
related
$250,000 · Highland Federal Bank
—
—
La Plata Enterprises INC
—
Deed Of Trust
related
$420,000 · Highland Federal Bank
—
—
Riverside Equioment Leasing Ll
—
Deed Of Trust
related
$400,000 · Diego Reguero
—
—
David C Hanlon
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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